TYPES OF CONTRACTS IN PROCUREMENT and Project Management | PMP Exam Prep | Contract Management

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  • Опубликовано: 28 авг 2024

Комментарии • 51

  • @PMPwithRay
    @PMPwithRay  2 года назад +6

    Check my PMP Exam Mock Simulator on UDEMY (PMBOK7 + PMBOK6): www.udemy.com/course/pmp-exam-situational-question-practice-test-200-q-pmbok6/?referralCode=6E0209F2D1951242E85A

    • @ashu2011100
      @ashu2011100 2 года назад

      Does this Simulator available in Udemy Business?

  • @ashwin253
    @ashwin253 2 года назад +6

    Hi Ray, I remember making the request to you a couple of months back to make a video on the contracts and I feel so happy that you have made one. I thoroughly enjoyed and understood the content and its really helpful. Thanks a ton for making this video.

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Hello Ashwin, good to know that you found the video helpful :) And yes, my ears are always open to the feedback & suggestions of my subscribers!

  • @nagarajanvn7655
    @nagarajanvn7655 2 года назад +2

    Hi again, my exam is scheduled to end of September 2021. Very useful to see your new content at this time..

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Hi Nagarajan. All the best for your exam! :)

  • @khadycm4939
    @khadycm4939 2 года назад +2

    Hi Ray, i just passed my pmp with above target in all domains!! Wanted to thank you as your videos helped so so much

    • @PMPwithRay
      @PMPwithRay  2 года назад +1

      Fantastic Khady! Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club...
      Please refer to my RUclips channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊
      Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!!
      I am really happy that I was a part of your journey for PMP... 😊
      All the best, stay well...
      Best,
      Ray

    • @khadycm4939
      @khadycm4939 2 года назад +1

      @@PMPwithRay of course i will refer to yo your channel and I already gave your udemy 330 questions a five star review … the questions were tough and very clever and they make the pmp exam look so easy… so thank you again

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Much appreciated! All the best for your career ahead.

  • @exploreandunravel5773
    @exploreandunravel5773 2 года назад +2

    Hi Ray , Today I cleared the PMP with AT in all sections ..
    Thanks a lot for your guidance and for the mock simulator on udemy ,
    Since last one year , was especially tough , first gave exam from Toronto on Dec 2020 but the Internet connection snapped and then had to reprepare due to changed format , had to return to India to be with my mom for her cancer surgery , then was stuck here ( work from home ) due to corona ..
    Now flights too have resumed since 21 September ...

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Hello. Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club...
      Please refer to my RUclips channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course 😊
      Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!!
      I am really happy that I was a part of your journey for PMP... 😊
      All the best, stay well...
      Best,
      Ray

  • @ibrahimsoriekamara-kay4053
    @ibrahimsoriekamara-kay4053 5 месяцев назад

    This is one of the best explanation I have heard on Contract types.
    Thank you so much Ray for such clarity .

    • @PMPwithRay
      @PMPwithRay  5 месяцев назад

      Thank you for participating and commenting!

  • @verywiseoldergentleman9125
    @verywiseoldergentleman9125 7 месяцев назад +2

    Hi Ray, thanks for pointing out the risk vs clarity. That helps!

    • @PMPwithRay
      @PMPwithRay  7 месяцев назад

      Glad it was helpful!

  • @bala2000k
    @bala2000k 2 года назад +1

    Hi Ray, I have cleared my PMP yesterday with all AT in first attempt.....Thanks a ton for your tips and information. Cheers!

    • @PMPwithRay
      @PMPwithRay  2 года назад +1

      Hi Balaji,
      Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club...
      Please refer to my RUclips channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊
      Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!!
      I am really happy that I was a part of your journey for PMP... 😊
      All the best, stay well...
      Best,
      Ray

  • @muhammadomer8836
    @muhammadomer8836 2 года назад +1

    Hi Ray
    Thanks a lot for ur online coaching. I cleared PMP in 1st attempt because of ur guidance.

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Hi Muhammad,
      Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club...
      Please refer to my RUclips channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊
      Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!!
      I am really happy that I was a part of your journey for PMP... 😊
      All the best, stay well...
      Best,
      Ray

  • @sudhagargk
    @sudhagargk 2 года назад +2

    Hi Ray, thanks for your videos, and all videos especially situational-based and servant leadership are very important. Passed AT in all domains today. There is the question of a fixed price today, no maths but concept & cost-reimbursement contract PM should understand. Good topic in procurement management, contract, sub-contract level.

    • @wongplaju1737
      @wongplaju1737 2 года назад +2

      Hi Ray, Please provide video for Resources management and conflict management

    • @PMPwithRay
      @PMPwithRay  2 года назад

      You are very welcome! Many many congratulations for passing the exam on your very first attempt! :)

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Hello, yes. Will cover these topics very soon.

  • @ketkeedhare1454
    @ketkeedhare1454 2 года назад +1

    thanks for the video, very crisp & clear, concise data representation

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Thank you. I am glad that you found the video helpful.

  • @michaelcasey3989
    @michaelcasey3989 2 года назад +1

    Hi Ray, your videos are great. They have helped tremendously. Thank you!!

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Glad you like them! Thank you for watching & commenting.

  • @hankhammer8079
    @hankhammer8079 2 года назад +1

    Thank you. Please cover more topics of situational questions.

  • @iwasakireo3220
    @iwasakireo3220 2 года назад +1

    Hi, very nice summary of contract types. Also, realized that PTA equation links to this CPIF contract type. Could you share the link to the contract types guideline mentioned in the video as well?

    • @PMPwithRay
      @PMPwithRay  2 года назад +1

      Hello. You can download the self-study guide from this link: drive.google.com/file/d/1bsxe3uTFxG8O1ELYapMuDZmdFO6SDoHT/view?usp=sharing

  • @najeebimran9486
    @najeebimran9486 2 года назад +1

    Ray..u are The Best

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Thank you for the feedback! Much appreciated :-D

  • @prabhatsingh1509
    @prabhatsingh1509 2 года назад +2

    Superb

  • @mardigrasqueenofthesouth8847
    @mardigrasqueenofthesouth8847 2 года назад +1

    Ray i did it, i passed! thank you!

    • @PMPwithRay
      @PMPwithRay  2 года назад +1

      Hello. Many many congratulations for achieving this milestone in your career! It is all because of your hard work & dedication...enjoy the achievement! Welcome to the club...
      Please refer to my RUclips channel, website (pmpwithray.com) and my 330-Q Udemy mock within your network & peer group! That's the only way I can reach out to more potential PMP aspirants like you!...and help them achieve success...It would be wonderful if you can provide a 5/5 rating & write a nice review for my Udemy course…of course if you have taken it & you feel it was worth it 😊
      Wish you all the best in your career ahead...which I am sure will scale new heights now with PMP!!!
      I am really happy that I was a part of your journey for PMP... 😊
      All the best, stay well...
      Best,
      Ray

  • @salmanfirdousi3408
    @salmanfirdousi3408 2 года назад +1

    Awesome crisp video.. ✌

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Glad you liked it. Thank you for watching & commenting.

  • @Mainak53
    @Mainak53 2 года назад +1

    Hi, can you please make video on Conflict Management along with few case studies..

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Hi Mainak. Thank you for the suggestion. I would definitely keep that in mind as one of my future video ideas.

  • @mohdfadl5301
    @mohdfadl5301 8 месяцев назад

    In Q1 .. why it is not FFP the right answer? as the scope is very clear & there is a cost pressure🤔

  • @sivakumar-mu3wj
    @sivakumar-mu3wj 2 года назад +1

    what do you mean by limited controll Ray for Time & Material Contracts 08:22

    • @PMPwithRay
      @PMPwithRay  2 года назад

      Linking a few articles to help you understand the concept better:
      www.netsuite.com/portal/resource/articles/accounting/time-materials-contract.shtml
      www.projectmanager.com/blog/time-and-materials-contract

  • @shivajipatil8617
    @shivajipatil8617 Год назад +1

    Clarity of video / content/context

    • @PMPwithRay
      @PMPwithRay  Год назад

      Thank you for watching & commenting!

  • @dev9591
    @dev9591 8 месяцев назад +1

    discount code is not working

    • @PMPwithRay
      @PMPwithRay  8 месяцев назад +1

      Hi, please use RAYDEC23

  • @persaud1
    @persaud1 Год назад +1

    🪔👌🙏✊🪔

    • @PMPwithRay
      @PMPwithRay  Год назад

      Thank you for watching & commenting!